Residential Over 5 Units - South san gabriel boulevard california residential property

Published on January 23, 2023
Modified on January 23, 2023
Published by jazz
Viewed by 5 people
#1503
7500000.00 $US

Description of item

S SAN GABRIEL BLVD SAN GABRIEL CA 91776

Asking Price WAS $8,580,000...NOW $7,500,000 PLUS 4% BUYERS FEE

36 Unit Apartment Complex in Desirable Area of The San Gabriel Valley with Upside



36 Unit Multi Family Apartment

(Former Converted Hotel)

City of San Gabriel

Unit Mix - (2) 2 Bedrooms, (2) 1 Bedrooms

and (32) Studios

18 Units Remodeled

12,441 SF

16,541 SF Lot

Built 1963

2 Stories

Plenty of Parking

Laundry Facility with Good Income



LOCATION

San Gabriel Blvd and Valley Blvd

Easy Access to the 10 Freeway

30 Minutes to DTLA

Great Walk Score of 77

Across from High School and near shopping,

restaurants and transportation



INCOME DETAILS

2 Units Vacant

Current Monthly Income $39,280

Monthly Proforma Income of $53,200

Average Laundry Income of $1100 Per month

Great for a Long Term Hold or 1031 Exchange Buyer

Seeking Principles Only/Agents to be paid by client



Rent Roll and Expenses Available with signed NDA From Buyer Only

Location

Country
United States
Region
California
City
San Gabriel
Address
South San Gabriel Boulevard